AGCO (AGCO) Is Strong On High Volume Today

Trade-Ideas LLC identified AGCO (AGCO) as a strong on high relative volume candidate

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Trade-Ideas LLC identified AGCO ( AGCO) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified AGCO as such a stock due to the following factors:

AGCO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $58.4 million

AGCO has traded 637,420 shares today

AGCO is trading at 2.28 times the normal volume for the stock at this time of day

AGCO is trading at a new high 3.006616935305399973543671876541338860988616943359375 above yesterday's close

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.